A GREAT EMPLOYER: PART 2 – ADVANTAGES

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In Part 1, we identified the characteristics of a great place of employment. Now in Part 2, we’ll talk about the advantages to your company – that is, what’s it in for you.

Here are some key advantages based on multiple studies:

  1. Greater profitability
  • The Great Place to Place Work Institute’s research reports its top 100 U.S. companies have stock market return about double those of S&P 500 companies overall.
  • But you don’t have to be a publically traded company to attain better financial performance.
  1. Lower voluntary employee turnover
  • For most industries, those companies that are considered to have created a highly positive work culture have voluntary turnover rates less than half of others.
  • Here are some industry examples:

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  1. Greater talent attraction
  • Fortune magazine cited having a reputation for being a great employer as more important to prospective employees than the rest of the factors combined!
  • Just think of the advantage of being able to draw top talent to your organization.
  • Talent + Culture = Success
  1. Higher customer/client satisfaction levels
  • It’s true – when employees feel good about where they work, it’s reflected in a positive way in their interactions with customers/clients.
  • The converse is also true!
  • These suppliers should obtain products i.e. the tablets from the reliable vendors in the market levitra properien and is trending and becoming too famous day by day.

EMPLOYER ACTION

Answer these three questions about your organization:

  1. Do we want your employees to consider you to be a great place to work?
  • Very rare is an employer that does not want this to be the case
  1. Do you have an assessment tool to measure how your organization is doing related to the characteristics of great employers?
  • If not, you probably do not have a reliable gauge.
  1. When is the last time you did a formal assessment?
  • If it’s been a year or longer, you should consider re-doing an assessment—especially if the last set of results were less than really good.

HOW TRINITY CAN HELP?

Trinity can:

arrow-bulletCustom design & administer an assessment tool
arrow-bulletProvide results analysis
arrow-bulletDevelop a detailed action plan based on the results

For more information, email Trinity at info@TrinityHR.net or visit our website at www.TrinityHR.net.

You have HR questions…Trinity has answers!

Posted in Employee & Labor Relations